Levi & Korsinsky notifies investors that it has commenced an investigation into Codere Online Luxembourg, S.A. (NASDAQ: CDRO) concerning potential violations of the federal securities laws.
Codere issued a press release on November 18, 2024, announcing receipt of "a staff determination letter . . . , from the Listing Qualifications Department of The Nasdaq Stock Market LLC (‘Nasdaq'), notifying the Company of the determination from the Nasdaq Staff (the ‘Staff') to delist the Company's securities from The Nasdaq Stock Market, given the Company had not filed its Form 20-F for the year ended December 31, 2023 . . . in accordance with continued Listing Rule 5250(c)(1)[.]" Following this news, Codere's stock price declined sharply during intraday trading on November 19, 2024.
If you suffered a loss on your Codere Online Luxembourg, S.A. securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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